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3 years ago

8

Gilbert inc. generated sales revenues of $1,000,000 in the year 2015. its cost of goods sold amounted to $400,000. calculate gil

bert's gross profit percentage.

1 answer:

julsineya [31]3 years ago

7 0

$400000 \div 1000000 = .4 \times 100 = 40$
$100 - 40 = 60$
60%

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